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Nov 22, 2013
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i'm not for obama care. but if i were, i would want to open up and extend, it's not just the individual mandate, you'll have to go through the employer based mandates. who knows, there may be -- estimates run up to 50 million or 100 million. why wouldn't the white house say to a jeanne shaheen and the 6 or 8 or 10 others, all right, well will give everybody time to get this done properly and feix the white house. why is the white house so inflexible when the polls are killing them? >> the answer is very simple. the white house understands what i just said. in has to work and they have to get it fixed. there isn't any point in delaying most parts of it for a lengthy period because that's not going to do anything to help get it working. i do think this. i think democrats in congress are going to have to play a role in getting it fixed and they may have to prod the white house, they may have to pass some legislation and get it septemnt the white house. >> what kind of legislation. >> that's an important part. >
i'm not for obama care. but if i were, i would want to open up and extend, it's not just the individual mandate, you'll have to go through the employer based mandates. who knows, there may be -- estimates run up to 50 million or 100 million. why wouldn't the white house say to a jeanne shaheen and the 6 or 8 or 10 others, all right, well will give everybody time to get this done properly and feix the white house. why is the white house so inflexible when the polls are killing them? >> the...
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Nov 8, 2013
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how does that make obama feel? better off smoking crack than passing obama care. would have been ten points higher. actually, have you noticed the president backtracking a little bit? like at a funds raiser earlier this week, he said, no, no, what he promised was that you could keep your health care plan if it hasn't changed since the law had passed. you know, he's such a good speaker. he almost believed it himself. and then his pants caught fire. that that's when i nooi. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ >>> the most quoted thing or requoted thing you have said in your presidency. if you like your health care plan, you can keep it. you said it a lot during the run-up. at this point, though, it's obviously something -- a promise that has not been able to be kept. wha
how does that make obama feel? better off smoking crack than passing obama care. would have been ten points higher. actually, have you noticed the president backtracking a little bit? like at a funds raiser earlier this week, he said, no, no, what he promised was that you could keep your health care plan if it hasn't changed since the law had passed. you know, he's such a good speaker. he almost believed it himself. and then his pants caught fire. that that's when i nooi. the american dream is...
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Nov 20, 2013
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with obama care. first order of business for a president elect scott walker. >> any person who's in the right mind should repeal obama care, replace wit a market-driven solution. cut the marginal tax rate and rein in the epa and the national labor relations board. >> your friend paul ryan wants to reform enhitment wititlement. he said the gop should spend time worrying about how to help poor and poverty stricken people. this was a jack kemp message. this too was a reagan message. would you go down that route? >> he's absolutely right. i write a chapter about it. you haven't gotten to it yet, but you should read it. middle of the road center voters don't want us to move back and forth on issues. they want us to see we're compassionate about all people. >> solutions. >> conservatives need to show that we are indeed compassion e compassionate. to show we are compassionate. compassion is by empowering people to control their into lives and destinies. >> governor walker, terrific stuff. the book "unintimid
with obama care. first order of business for a president elect scott walker. >> any person who's in the right mind should repeal obama care, replace wit a market-driven solution. cut the marginal tax rate and rein in the epa and the national labor relations board. >> your friend paul ryan wants to reform enhitment wititlement. he said the gop should spend time worrying about how to help poor and poverty stricken people. this was a jack kemp message. this too was a reagan message....
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Nov 13, 2013
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obama is not. you could be talking about at least 15 million on the individual market, chris, and you could be talking about another 90 million on the employer based market all during 2014. so what's obama move here? >> well, when you have james on or you're talking about bill clinton you're talking about i would call the great centered democrats of american political life. obama is not of the center. he doesn't want any modifications or any discussion. i think what he's doing now is what they used to say in nixon days the modified limited hang out. he's admitted some mistakes, he admits he want some changes. he'll blame it on the republicans. 5 million people had their plans cancelled. the reason their plans are cancelled is the insurance plans that those people have don't meet the requirements that the obama care law has set out. there are so many requirements and those plans are so onerous and sometimes so expensive that people -- that the current plans and the payments they are making are too l
obama is not. you could be talking about at least 15 million on the individual market, chris, and you could be talking about another 90 million on the employer based market all during 2014. so what's obama move here? >> well, when you have james on or you're talking about bill clinton you're talking about i would call the great centered democrats of american political life. obama is not of the center. he doesn't want any modifications or any discussion. i think what he's doing now is what...
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Nov 27, 2013
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the newest enrollment numbers for obama care are out, 229,964. that is the state exchanges and also the latest number from health and human services on the federal exchanges. that's it. less than 230,000. colorado has signed up only 6,000 people so far. that's barely half of their worst case estimate was, and that comes despite, take a look at your screen, remember this, the aggressive and embarrassing ad campaign that was at times overtly sexual, this brosurance ad and this one from the website, do you got insurance.com where a girl hopes this guy is as easy to get as her birth control s.not working for you, colorado. the desperation continues. organization for america is telling supporting to harangue their friends and family about obama care at the thoifg table and the aarp wants their members to nag their children into signing up for obama care. this ad says i don't mind being the reason i got health insurance. you're the reason i drink wine out of a box. i don't get it. all right. joining us now. sean spicer with the republican national comm
the newest enrollment numbers for obama care are out, 229,964. that is the state exchanges and also the latest number from health and human services on the federal exchanges. that's it. less than 230,000. colorado has signed up only 6,000 people so far. that's barely half of their worst case estimate was, and that comes despite, take a look at your screen, remember this, the aggressive and embarrassing ad campaign that was at times overtly sexual, this brosurance ad and this one from the...
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Nov 14, 2013
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i >>> the obama administration timely coming clean with the real number of people who signed up for obama care. it is a bad number. only 27,000 through the federal exchange. even that number may be inflated because the folks haven't paid yet, but we'll see. is obama care going to crumble under its own weight? that is the big question. >>> another new high for the dow industrials. great stuff. i think there's still reason to be bullish. by the way, janet yellen, she's testifying in front of the senate for her nomination, but her testimony was released late this afternoon and it indicates steady as did you stimulus, no reduction in bond buying. >>> and vice president dick cheney joins us from a one-on-one interview. we'll get his take on obama care, the in fighting among republicans, and his amazing heart transplant story. all those and much more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we are live in washington, d.c., 7:00 eastern time, 4:00 pacific care. the federal government releases the shocking and
i >>> the obama administration timely coming clean with the real number of people who signed up for obama care. it is a bad number. only 27,000 through the federal exchange. even that number may be inflated because the folks haven't paid yet, but we'll see. is obama care going to crumble under its own weight? that is the big question. >>> another new high for the dow industrials. great stuff. i think there's still reason to be bullish. by the way, janet yellen, she's...
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Nov 6, 2013
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our next guest suggests obama supporters should be careful what they wish for. people paying their new premium bills beginning in january instead of having that money to spend at storrs like walmart and target could strike a blow to the economy down the sglood yeah, joining us is todd buchholz former white house economic adviser to the first president bush also with us our own steve liesman. gentlemen, good to see you. >> good to be here, maria. >> explain the theory. >> well, look, if obama care fails because of the website, well, then that's terrible for the president. let's say it succeeds and give it the benefit of the doubt and say the president is right and 30 million people sign up, and they start getting insurance, but they start paying premiums. those premiums maybe they'll be a bargain, $100, $200 a month. >> they haven't been a bargain. i see your point. >> let's give the president all the credit and say it's going to work. that's by my calculations about $77 billion of spending by consumers that they won't have to spend at mcdonald's and target and f
our next guest suggests obama supporters should be careful what they wish for. people paying their new premium bills beginning in january instead of having that money to spend at storrs like walmart and target could strike a blow to the economy down the sglood yeah, joining us is todd buchholz former white house economic adviser to the first president bush also with us our own steve liesman. gentlemen, good to see you. >> good to be here, maria. >> explain the theory. >> well,...
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Nov 15, 2013
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what is going on is the next shoe in obama care is dropping. just this week, the january 2014 small group renewals went out. i'm talking about brokers around the court and they are receiving them and the rate increases are pretty stiff. the people in the small group, under 50 memployee markets have to have the same individual market. these mandates, the small employers now are getting the same thing. and so you've got a lot of small employers that are thinking about continuing their insurance and they are getting hit hard. >> all right. so those funds have not come in. hadley, here's where i'm going with this. if the young people, so-called young healthies don't sign up, if the small business people don't sign up, if other larger business people don't sign up as it comes out next year, how is it that these premiums are going to somehow finance the increase in insurance claims that are going to come from the holder, sicker cohurt in it seems like a massive imbalance to me and who is going to pay for it or does that drag the whole system down. >>
what is going on is the next shoe in obama care is dropping. just this week, the january 2014 small group renewals went out. i'm talking about brokers around the court and they are receiving them and the rate increases are pretty stiff. the people in the small group, under 50 memployee markets have to have the same individual market. these mandates, the small employers now are getting the same thing. and so you've got a lot of small employers that are thinking about continuing their insurance...
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Nov 8, 2013
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if you think this is annex obama scare scandal, you're wrong. the fundamental funding of affordable care act does not depend on this reinsurance program. in fact, harry reid proposed just what maria bartiromo proposed, which is to put it off for a year or two and the republicans said no. >> doesn't this undercut the revenue to be raised by the new law? >> it only undercuts the revenue for the re-insurance plan, which is a temporary three-year measure to help protect insurers who have a lot more customers but probably more sick people, so they want to backstop re-insurance plan and it will very partially, partially undercut that. >> we may disagree with the concept of exempting certain entities in this case, but are we making too much of a small portion of the revenue stream, as jared suggests? >> all of these are small in the sense that taxes on anybody are not so confiscatory that it falls apart. you're talking about roughly $180 million over a two-year period which is 2015 and '16. if you think $680 million is a small number, then you're proba
if you think this is annex obama scare scandal, you're wrong. the fundamental funding of affordable care act does not depend on this reinsurance program. in fact, harry reid proposed just what maria bartiromo proposed, which is to put it off for a year or two and the republicans said no. >> doesn't this undercut the revenue to be raised by the new law? >> it only undercuts the revenue for the re-insurance plan, which is a temporary three-year measure to help protect insurers who...
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Nov 7, 2013
11/13
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also this evening evening, president obama wrapping up yet another pep rally, cheerleading obama care and probably defending his falsehoods. this time he's in texas. we'll get the reaction from lieutenant governor from that state and perhaps an escape hatch from obama care you need to know about. >>> chris christie gets the really big wins he was hoping for in new jersey. dick morris joining us live this evening. the "the kudlow report," we begin right now. good evening, i'm larry kudlow, this is "the kudlow report." we're live here at 7 p.m. eastern/4 p.m. pacific. the twitter ipo will start trading tomorrow. kayla joins us now. good evening. what have you got. >> it came together before we came on air for "the kudlow report." twitter pricing at $26 per share. it's above the price range, above the increased range when they said they would raise between $23 to $25 for the shares selling to the public. $26 above even that heightened range. it means twitter will raise $1.82 billion in proceeds. goldman sachs has an additional 3 million they can sell. valuation for the company, a stunnin
also this evening evening, president obama wrapping up yet another pep rally, cheerleading obama care and probably defending his falsehoods. this time he's in texas. we'll get the reaction from lieutenant governor from that state and perhaps an escape hatch from obama care you need to know about. >>> chris christie gets the really big wins he was hoping for in new jersey. dick morris joining us live this evening. the "the kudlow report," we begin right now. good evening, i'm...
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Nov 20, 2013
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stick around for our heat debate on amazon. >>> rebranning obama care. the original mad man, jerry della femina has a few tips on is that and wait until you hear what he says the president needs to do to boost his approval rating. became big business overnight? ♪ ♪ like, really big... then expanded? ♪ ♪ or their new product tanked? ♪ ♪ or not? what if they embrace new technology instead? ♪ ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. in a world that's changing faster than ever we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through we say: let's get to work. because the future belongs to those who challenge the present. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a pe
stick around for our heat debate on amazon. >>> rebranning obama care. the original mad man, jerry della femina has a few tips on is that and wait until you hear what he says the president needs to do to boost his approval rating. became big business overnight? ♪ ♪ like, really big... then expanded? ♪ ♪ or their new product tanked? ♪ ♪ or not? what if they embrace new technology instead? ♪ ♪ imagine a company's future with the future of trading. company profile. a...
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Nov 15, 2013
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up next the president's handling of the obama care crisis. did he unfairly dump it on the insurance companies? is he leading the correct way? is he contrite enough? we'll have some famous ceo apologies next. and how did kentucky get it right and the feds get it so wrong? the governor of kentucky is here in two minutes time. >>> senator howard baker said it best in the watergate hearings back in 1973 asking quote, what did the president know and when deknow it. same question is float around the country these days as americans want to know what president obama knew regarding problems with healthercare.gov. today we got a little bit more clarity on that and here to tell us about that is don. >> what i got here is a memo released by one of the top house committees looking into this whole mess with healthercare.gov. they uncovered a memo from henry chao who was responsible. on july 16th he said to one of his subordinates i need to feel more confident they are not going to crash the plane at takeoff regardless of the price. >> the president was pre
up next the president's handling of the obama care crisis. did he unfairly dump it on the insurance companies? is he leading the correct way? is he contrite enough? we'll have some famous ceo apologies next. and how did kentucky get it right and the feds get it so wrong? the governor of kentucky is here in two minutes time. >>> senator howard baker said it best in the watergate hearings back in 1973 asking quote, what did the president know and when deknow it. same question is float...
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Nov 9, 2013
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what you have now is obama care is law. and now the public policy debate is over and the real-life situation is coming home to roost. what i think the most important thing for those of us out in the public policy debate and for the republicans to do is allow people to speak for themselves. let the people who are finding failure under this law who are losing their insurance, even people with pre-existing conditions like in california who are going onto the exchange, signing up only to find the best hospitals and the best specialists are not allowed under their plans. what you're seeing is even the so-called promises that are coming true are actually hurting people because they can't get into the best health care available. >> i understand. but real quick, fred upton in the house, chairman of the energy and commerce committee, has co-sponsored the bill senator ron johnson in the senate where if you like your insurance you can keep it. there's a democratic version by mary landrieu. in your opinion, could that bill pass and wha
what you have now is obama care is law. and now the public policy debate is over and the real-life situation is coming home to roost. what i think the most important thing for those of us out in the public policy debate and for the republicans to do is allow people to speak for themselves. let the people who are finding failure under this law who are losing their insurance, even people with pre-existing conditions like in california who are going onto the exchange, signing up only to find the...
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Nov 14, 2013
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i don't think we need to do it. >> is this bill clinton who moved obama's hand on this? >> i have no where had what the political calculus was. >> president clinton said this this week. >> he did. he did say that. i can't tell you if they're connected or not. >> i think it's more the vote they faced in the house tomorrow that moved his hand on this one. >> the house is irrelevant. upton's bill is just more republican obstructionism. it doesn't mean anything. nobody's going to pay it any attention. >> howard, these guys were going to be put on the record as having voted against the president in this particular case. they didn't want to have to do that. >> right. this is all washington politics, though. i'm looking at the structural changes in the insurance market. i think we can still do this. i don't like the idea of delaying it. i think we can make a lot of progress, paper, pencil and call lines. and i think we can still make this thing work. >> we'll see. >> howard, good to talk with you. thank you so much, stan. gentlemen, thanks zblmpk sthank >>> 15 minutes before th
i don't think we need to do it. >> is this bill clinton who moved obama's hand on this? >> i have no where had what the political calculus was. >> president clinton said this this week. >> he did. he did say that. i can't tell you if they're connected or not. >> i think it's more the vote they faced in the house tomorrow that moved his hand on this one. >> the house is irrelevant. upton's bill is just more republican obstructionism. it doesn't mean anything....
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Nov 19, 2013
11/13
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who needs obama care in the first place? and how about this for an obama care fix. what about a total repeal? even "the new york times" reminded us today of the catastrophic medicare repeal back in 1989. might history be repeating itself? this as democratic leaders like nancy pelosi insist all is well. president obama himself about to rally his most ardent supporters and ask them to stand by the very troubled health care law. >>> and the dow crosses the 16,000 mark for the first time, but then retreats. and the debate continues over whether this rally is a bubble. those stories and much more coming up on "the kudlow report," beginning right now. welcome to "the kudlow report." we're live at p.m. on the east coast, 4:00 p.m. pacific. let's get right to the breaking news that president obama may be turning obama care back to the insurance companies. i think where it belongs. cnbc's eamon javers joins us with the details. good evening, eamon. >> reporter: good evening, larry. the white house was on the defensive again today, arguing with reporters over these prediction
who needs obama care in the first place? and how about this for an obama care fix. what about a total repeal? even "the new york times" reminded us today of the catastrophic medicare repeal back in 1989. might history be repeating itself? this as democratic leaders like nancy pelosi insist all is well. president obama himself about to rally his most ardent supporters and ask them to stand by the very troubled health care law. >>> and the dow crosses the 16,000 mark for the...
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Nov 15, 2013
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president obama and insurance ceos still meeting at the white house to discuss surprise changes to obama care. john harwood, is it a good sign or bad sign the longer this goes on? john harwood, are you with us? john harwood is at the white house, but i do not think he can hear us -- >> reporter: yes, john harwood. welcome back to "closing bell." we're still waiting at the white house for insurance executives to come out of the meeting. we don't know exactly what they're going to say and what sort of business was transacted, but we don from what president obama said at the outset, that they're trying to work together to figure out not just the fixes for people who had existing policies, but also for how to make people understand their options on these exchange websites, which don't know work. here's the president. >> because of choice in competition, a whole lot of americans who have always seen health insurance out of risk -- or out of reach are going to be in a position to purchase it. and because of the law, we'll also be able to provide them help even if they are still having trouble
president obama and insurance ceos still meeting at the white house to discuss surprise changes to obama care. john harwood, is it a good sign or bad sign the longer this goes on? john harwood, are you with us? john harwood is at the white house, but i do not think he can hear us -- >> reporter: yes, john harwood. welcome back to "closing bell." we're still waiting at the white house for insurance executives to come out of the meeting. we don't know exactly what they're going to...
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Nov 14, 2013
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obama saying that those who have had their policies cancelled will have the opportunity to renew them. he all but apologized for the continued issues with the website, as well. the president saying, "we fum e fumbled the rollout of the health care law." we'll take a quick break, and on the other side, we'll discuss the fallout for this president. we'll talk about what happens now for the insurance companies which have already reacted angrily to this fix from the president today. we'll have all of that and the major market implications, as well, on the other side of the short break. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks w
obama saying that those who have had their policies cancelled will have the opportunity to renew them. he all but apologized for the continued issues with the website, as well. the president saying, "we fum e fumbled the rollout of the health care law." we'll take a quick break, and on the other side, we'll discuss the fallout for this president. we'll talk about what happens now for the insurance companies which have already reacted angrily to this fix from the president today. we'll...
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Nov 8, 2013
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obama apologized for the debacle. take a listen. >> i am sorry that they are finding themselves in the situation based on assurances they got from me. we got to work hard to make sure they know we hear them and that we're going to do everything we can to deal with the folks who find themselves in a tough position as a consequence of this. >> he feels their pain, mayor, but he really doesn't have a way out of it, does he? >> i think the president will fix the problem. >> how. >> that takes place. importantly what the president did, was accept responsibility. he did what a good leader should do and that is he said look, i apologize if the representations that we made were not entirely correct. and i think he did the right thing with a difficult set of circumstances. but at the end of the day, the bigger question is, is the affordable care act good for the nation? and at the end of the day, it is the long-term execution and implementation by which he'll be judged. >> ron shaking his head in response to that question, but
obama apologized for the debacle. take a listen. >> i am sorry that they are finding themselves in the situation based on assurances they got from me. we got to work hard to make sure they know we hear them and that we're going to do everything we can to deal with the folks who find themselves in a tough position as a consequence of this. >> he feels their pain, mayor, but he really doesn't have a way out of it, does he? >> i think the president will fix the problem. >>...
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Nov 15, 2013
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republicans passing a bill with 39 democrats going along that would have undercut obama care by allowing a lot more information buy these policies and make it more difficult to ultimately get the entire system over to the obama care standards. so this meeting with the insurance companies is part of the white house's attempt to deflect that drive on the hill and to smooth some of the political backlash here. i wouldn't expect, brian, that a lot of policies are going to be extended because of what the president did, some may, it depends on how much pressure is put on state insurance commissioners and on insurance companies themselves but all of those issues are going to be hashed out at the meeting in a little over an hour. >> john harwood thank you very much for the latest on that. >> chinese reforms pushed asian markets higher. the one we want to focus on is relaxation of china's one child policy. is this a big deal and could it have an impact on diaper, toy and formula companies. let's hear what ceo from kimberly-clark said on "squawk box" this morning. >> consumers using one die pear d
republicans passing a bill with 39 democrats going along that would have undercut obama care by allowing a lot more information buy these policies and make it more difficult to ultimately get the entire system over to the obama care standards. so this meeting with the insurance companies is part of the white house's attempt to deflect that drive on the hill and to smooth some of the political backlash here. i wouldn't expect, brian, that a lot of policies are going to be extended because of...
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Nov 22, 2013
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with obama care. you can't have it all ways. you can't have the people extend their coverage, get the risk pool necessary to keep premiums as low as possible and provide coverage to people who can't afford to to begin with. somebody has to be left out. and you seem to be suggesting that it's not acceptable. what i'm suggesting are the fears are overwrought. would he looked at this question. there are mechanisms that offset that. we know these people were promised the opportunity to renew. health insurers are renewing small businesses, so why not to them? it's a disservice. >> the coverage that people want, a lot of the new plans, they're getting things they don't need. if they don't do that and help individuals to avoid catastrophe, financial catastrophe, why is it good policy to allow these plans to continue? >> these are not junk insurance. california has very strong coverage mandates in effect. in fact, these plans already provide the additional benefits under the first wave of obama care reform. people are angry because they
with obama care. you can't have it all ways. you can't have the people extend their coverage, get the risk pool necessary to keep premiums as low as possible and provide coverage to people who can't afford to to begin with. somebody has to be left out. and you seem to be suggesting that it's not acceptable. what i'm suggesting are the fears are overwrought. would he looked at this question. there are mechanisms that offset that. we know these people were promised the opportunity to renew....
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Nov 20, 2013
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president obama may be caught in another lie on obama care and scott walker is about to join me to talk about it. but first up, we have breaking news. in what sounds like a valedictory speech. bernanke making comments about qe 3 right now. we have an advance copy of the speech and he's all over it. >> yeah, he's going out on a dovish note, larry. the fed chairman saying that he -- the fed has committed to accommodate a po
president obama may be caught in another lie on obama care and scott walker is about to join me to talk about it. but first up, we have breaking news. in what sounds like a valedictory speech. bernanke making comments about qe 3 right now. we have an advance copy of the speech and he's all over it. >> yeah, he's going out on a dovish note, larry. the fed chairman saying that he -- the fed has committed to accommodate a po
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Nov 19, 2013
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who needs obama care in the first place? and how about this for an obama care fix. what about a total repeal? even "the new york times" reminded us today of the catastrophic medicare repeal back in 1989.
who needs obama care in the first place? and how about this for an obama care fix. what about a total repeal? even "the new york times" reminded us today of the catastrophic medicare repeal back in 1989.
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Nov 18, 2013
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so talk about obama care. i expect we'll get some straight answers from you, although the numbers are -- i mean, i look at them. am i missing a decimal point? >> delaware's a small state. >> right. >> 136 people? is that a joke? >> it's been a challenge, there's no question about it. >> no baghdad bob stuff. don't be sebelius here. people are interested. 136 people. how many people in the state? >> 35,000 people. >> okay. so 136,000 divided by 35,000 is what we're talking about. you lost 12,000. that's going the wrong way. so far, you've got 136 new, does that -- is that 11,000 and change that have lost their insurance? that's going the wrong way. >> well, i think everybody admits it's going in the wrong direction. and there's no question, the most important thing is to get the website fixed, number one. but number two, i mean, we've actually taken a number of steps to make sure, for example, that people who can't qualify for the subsidy can go to our website and go to the insurers. at our website they can com
so talk about obama care. i expect we'll get some straight answers from you, although the numbers are -- i mean, i look at them. am i missing a decimal point? >> delaware's a small state. >> right. >> 136 people? is that a joke? >> it's been a challenge, there's no question about it. >> no baghdad bob stuff. don't be sebelius here. people are interested. 136 people. how many people in the state? >> 35,000 people. >> okay. so 136,000 divided by 35,000 is...
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Nov 13, 2013
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citizen, interestingly, but is eligible for obama care because of her permanent residency status. she says she was not paid for the picture by the government. cnbc.com's dan mangan is here now. what can you tell us about this interesting woman who is understandably quite upset with what has happened. >> very upset, the face of the failure of healthcare.gov and this is kind of a sad or funny story depending on your perspective. she wanted to get free family photos and contacted somebody she knew and said can you take these photos. great with. we'll use this picture on healthcare.gov. >> signed a release allowing them to use her image or likeness as the front page of obama care. >> right. there is no free lunch and no free photos when it comes to healthcare.gov. suffer the consequences. >> what is she likely to do? is there any talk of a lauts here? i assume there isn't? >> i don't think she has any recourse at all and i think she's -- she got her five seconds of fame this morning at abc. the bigger problems, the face of healthcare.gov they're showing low levels of enrollment, less
citizen, interestingly, but is eligible for obama care because of her permanent residency status. she says she was not paid for the picture by the government. cnbc.com's dan mangan is here now. what can you tell us about this interesting woman who is understandably quite upset with what has happened. >> very upset, the face of the failure of healthcare.gov and this is kind of a sad or funny story depending on your perspective. she wanted to get free family photos and contacted somebody...
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Nov 19, 2013
11/13
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you were in the obama administration under what capacity? >> undersecretary for economic growth. >> for economic growth but you were also in the clinton administration. >> nixon, ford, carter, reagan, and most recently, obama. >> wow. >> wow. >> all the way back to the opening of china. >> nixon? >> yes. >> you don't look that old, bob. >> thank you. >> well, you were a young -- >> i was just out of graduate school. >> did you go to china? >> i went to china. >> with them? >> no, not with nixon, but i went with kissinger. >> you played ping-pong? >> i did. lost every time to the chinese, but it was fun. >> on purpose? >> i wish it'd been on purpose. >> let's talk about earnings news this morning, as well, best buy earned 18 cents a share for the third quarter. when you exclude certain items, that was 6 cents better than the street was expecting. revenue was also above the forecast. but the stock is under some pressure this morning because the company was warning about its profits margins in this quarter. they were talking about all of their
you were in the obama administration under what capacity? >> undersecretary for economic growth. >> for economic growth but you were also in the clinton administration. >> nixon, ford, carter, reagan, and most recently, obama. >> wow. >> wow. >> all the way back to the opening of china. >> nixon? >> yes. >> you don't look that old, bob. >> thank you. >> well, you were a young -- >> i was just out of graduate school....
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Nov 22, 2013
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i would argue the bernanke rally is the obama rally, because obama, he wasn't the one that -- >> he wasn't -- >> i agree with that. >> you know who was the original decider and who was on jay leno and who was with chris christie yesterday. >> oh, i didn't know he with with chris christie. i knew about leno. >> you have to think about this -- >> 43. >> he's an artist now. >> i know, he's been painting. >> had mccain been on or a republican, hear this, it's possible that they would have replaced bernanke. >> oh. >> with somebody who probably would not have pursued this type of -- >> you might have kept bernanke the first time. >> and you may be right -- >> i think you would have been crazy not to have kept him in the midst of everything they had done. >> well -- >> you don't know the plot of your next book yet. i don't know the plot as to how we exit. >> i've got to work on that. >> see who wrote this piece about how qe is bad? >> no. >> a guy who's name is frickin' saving. thomas saving. how did they find a guy named saving to write a book about how savers don't -- >> are getting crushed? >
i would argue the bernanke rally is the obama rally, because obama, he wasn't the one that -- >> he wasn't -- >> i agree with that. >> you know who was the original decider and who was on jay leno and who was with chris christie yesterday. >> oh, i didn't know he with with chris christie. i knew about leno. >> you have to think about this -- >> 43. >> he's an artist now. >> i know, he's been painting. >> had mccain been on or a republican,...
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Nov 1, 2013
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what can obama say about canada? >> personal computers manufactured by lenovo have been banned to used by government networks united states, britain, canada and new zealand. >> there you have it. the point is, this is going to become a big back and forth. >> let's get back to this hour's special guest. philadelphia federal reserve president charles plasser. oil's down, no inflation in europe. no inflation here. stock market's at new highs. what's wrong with having the ten-year back at 2 1/2 and having mortgage rates, the housing market. if you've seen no negative consequences, have you been wrong? >> no, i think the problem is we don't know yet. that's the whole point about thinking about policy and monetary policy as having long run consequences is sometimes the costs are out in the future somewhere. and they're uncertain. i mean, the fed often times talks about risk management. and we do. we think about what are the risks to the economy and what are the consequences. and we try to anticipate what those risks are. a
what can obama say about canada? >> personal computers manufactured by lenovo have been banned to used by government networks united states, britain, canada and new zealand. >> there you have it. the point is, this is going to become a big back and forth. >> let's get back to this hour's special guest. philadelphia federal reserve president charles plasser. oil's down, no inflation in europe. no inflation here. stock market's at new highs. what's wrong with having the ten-year...
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Nov 14, 2013
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i >>> the obama administration timely coming clean with the real number of people who signed up for obama care. it is a bad number. only 27,000 through the federal exchange. even that number may be inflated because the folks haven't paid yet, but we'll see. is obama care going to crumble under its own weight? that is the big question. >>> another new high for the dow industrials. great stuff. i think there's still reason to be bullish. by the way, janet yellen, she's testifying in front of the senate for her nomination, but her testimony was released late this afternoon and it
i >>> the obama administration timely coming clean with the real number of people who signed up for obama care. it is a bad number. only 27,000 through the federal exchange. even that number may be inflated because the folks haven't paid yet, but we'll see. is obama care going to crumble under its own weight? that is the big question. >>> another new high for the dow industrials. great stuff. i think there's still reason to be bullish. by the way, janet yellen, she's...
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Nov 12, 2013
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tonight we unveil a plan b for the disaster known as obama care. plus thousands dead after a devastating storm hit the philippines. we're going to get the latest on that horrible disaster. and as we honor our veterans today those brave americans who have and still protect our freedom, we've got someea
tonight we unveil a plan b for the disaster known as obama care. plus thousands dead after a devastating storm hit the philippines. we're going to get the latest on that horrible disaster. and as we honor our veterans today those brave americans who have and still protect our freedom, we've got someea
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Nov 15, 2013
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but obama care's nonfix. you still can't keep your plan, but democrats get political cover for 2014. >> i think everything that washington has done to this point has been politics on both sides on this. nobody is trying to actually fix the problem. this was political, too. they tried to step ahead of the republicans. >> the democrats that are panicked are still want to do more to pretend that they really care about their constituents. >> well, this is like toss it back out and it's the insurance company's fault, yet there's nothing that gets done. >> rs, they've been working on re -- >> for months and months and months. >> to set them up and now it's like -- anyway, let's get to our chief washington -- is he our chief washington? >> yes, he is. >> if not, he should be. there he is. he gets up for -- >> you could wear a bow tie. >> he gets up for our show, washes his hair, and he's not a blow dryer guy. later in the day, it will look totally different than it looks right now, right? it's still wet, johnny boy.
but obama care's nonfix. you still can't keep your plan, but democrats get political cover for 2014. >> i think everything that washington has done to this point has been politics on both sides on this. nobody is trying to actually fix the problem. this was political, too. they tried to step ahead of the republicans. >> the democrats that are panicked are still want to do more to pretend that they really care about their constituents. >> well, this is like toss it back out and...
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Nov 13, 2013
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and what were you saying, that president obama said the same thing? >> well, he did say the same thing and it was also kind of irrelevant, which is why we haven't seen this so-called mystery fix that was being talked about. the reason that i said that is that there really isn't any practical way, without undermining the law itself, to fix this problem because, you know, you guys were talking a few minutes ago about unintended consequences of the law. what's happening right now, set the website aside. what's happening with these canceled policies is an intended consequence of the law. the law set out to substantially remake the individual market for insurance. and what we're seeing now is the result of that deliberate attempt. they are trying to open it up to people who couldn't get insurance before who were not insurable. they were trying to change the way that insurers were able to vary their rates by age and by sex and they were putting in minimum standards is. and the results of all of those things is what's happening in the individual market. unfo
and what were you saying, that president obama said the same thing? >> well, he did say the same thing and it was also kind of irrelevant, which is why we haven't seen this so-called mystery fix that was being talked about. the reason that i said that is that there really isn't any practical way, without undermining the law itself, to fix this problem because, you know, you guys were talking a few minutes ago about unintended consequences of the law. what's happening right now, set the...
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Nov 18, 2013
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obama care in the headlines today. there's a lot of issues regarding obama care that aren't true, a lot of issues regarding normalization and the fed and janet yellen and some of the things she said that shy don't see. something you never had before is going to present an exit that's quantifiable or transparent. like obama care, we can make ex-excuses but next time you have an issue with bureaucracy or you missed a deadline, or i'm sorry, people below me, my accountant, excuses are a one-way street when the government's at one end and private citizens at the other. let's have less collateral damage, more marshal normalization. i think the markets are rising to the occasion, most likely it's not a pretty normalization for interest rates. back you. >> thank you, rick santelli. it's tweet time. microsoft's steve ballmer calling himself an emblem of an old era. perhaps he's being too tough on himself. what monica should ballmer give himself. we'll air your responses throughout the morning. tdd# 1-800-345-2550 searching for
obama care in the headlines today. there's a lot of issues regarding obama care that aren't true, a lot of issues regarding normalization and the fed and janet yellen and some of the things she said that shy don't see. something you never had before is going to present an exit that's quantifiable or transparent. like obama care, we can make ex-excuses but next time you have an issue with bureaucracy or you missed a deadline, or i'm sorry, people below me, my accountant, excuses are a one-way...
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Nov 11, 2013
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out of obama care. the total will be a low one after weeks of technical problems with the website, health care.gov. it should be low. the question is -- what was the state where there was one? >> one. >> can they fix it by november 30? that's the deadline they have now. >> i have yet to meet somebody in the industry who thinks the this will be solved by then. >> how much better is it? >> i have read 78% aren't going to do it. in a gallup poll. >> people who lost insurance? >> uninsured people, the people it was designed for. >> it's not just whether people do it. it's what type. >> it needs to work. >> it's structurally flawed. it was not intended -- i was ranking on the health committee and during the time it was, i wasn't ranking but i was still on the health committee. the bill was structured to fail, in my opinion because the folks writing it want to move to a single payer system. >> you don't think it was intentional? >> i happen to believe -- >> that's diabolical. did hour dean design it? he wants
out of obama care. the total will be a low one after weeks of technical problems with the website, health care.gov. it should be low. the question is -- what was the state where there was one? >> one. >> can they fix it by november 30? that's the deadline they have now. >> i have yet to meet somebody in the industry who thinks the this will be solved by then. >> how much better is it? >> i have read 78% aren't going to do it. in a gallup poll. >> people who...
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Nov 5, 2013
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>>> as the obama care rollout continues to fail, the question tonight is this. is president obama's entire second-term agenda and ability to govern now in jeopardy? as mitt romney now says, the entire foundation of the obama presidency is rotting away because of broken promises and fundamental dishonesty. >>> and here's the latest blow to the new law. a new study predicts as many as 129 million americans will be dropped by their current plans and be forced to buy much more expensive plans instead. the author of that study is going to join us live. >>> and we're just a few hours
>>> as the obama care rollout continues to fail, the question tonight is this. is president obama's entire second-term agenda and ability to govern now in jeopardy? as mitt romney now says, the entire foundation of the obama presidency is rotting away because of broken promises and fundamental dishonesty. >>> and here's the latest blow to the new law. a new study predicts as many as 129 million americans will be dropped by their current plans and be forced to buy much more...
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Nov 20, 2013
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why don't we blame obama care and people's fears for losing healthcare insurance. the washington grinch is stealing christmas. we are beginning to hear the next government shutdown will happen on schedule and this time it will be even worse. why don't we chill the business climate down entirely? is there any wonder best buy or urban outfitters is talking about an unspeakable holiday season? then you go out to dream force, the celebration of all things related to the new economy in america of success, of innovation. you know, you don't hear anyone complaining about washington at all, other than to mention how our government is poorly run by design. it's all about payback, second raiders and people that care more about ideology and social issues than they do about the economy. the politicians may pay lip service to the job creators. they spend way more time on guns and sexual whatever. if you want to know the truth of it, i would say washington is about creating problems for business. silicon valley is about creating solution for business. that's the takeaway from wh
why don't we blame obama care and people's fears for losing healthcare insurance. the washington grinch is stealing christmas. we are beginning to hear the next government shutdown will happen on schedule and this time it will be even worse. why don't we chill the business climate down entirely? is there any wonder best buy or urban outfitters is talking about an unspeakable holiday season? then you go out to dream force, the celebration of all things related to the new economy in america of...
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Nov 14, 2013
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he says you can't trust the white house on this issue, doesn't think you can fix obama care, although he is pushing a piece of legislation that will be on the floor tomorrow that would purport to change the law, although it would severely undercut the viability of the law going forward, which is why democrats are going to oppose it. so the president, you know, has a huge mess on his hands. he's trying to figure out a way to diminish some of the political resistance to that with the announcement today. we'll have to see all of the details from the administration to know whether, in fact, it will change anything. in a significant way. or whether it's just cosmetic. but the president has some flexibility under the law, we just don't know how much. >> you mentioned boehner's statement, as well, john. and we do have that piece on tape. let's take a listen to what the speaker said about the president's move earlier this morning. >> -- promise after promise from this administration has turned out to be not true. so when it comes to this health care law, the white house doesn't have much cred
he says you can't trust the white house on this issue, doesn't think you can fix obama care, although he is pushing a piece of legislation that will be on the floor tomorrow that would purport to change the law, although it would severely undercut the viability of the law going forward, which is why democrats are going to oppose it. so the president, you know, has a huge mess on his hands. he's trying to figure out a way to diminish some of the political resistance to that with the announcement...
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Nov 6, 2013
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he was looking for a way to try to take barack obama down. there's no doubt the democratic billionaire res going to want to play in the next race and it's going be super rough. >> what's not true about his relationship with reverend rice? what's ugly about -- it was factual for 20 years. i don't understand that. >> well, i think many people would say it would have been a relatively ineffective. >> but it's not like it's hearsay or not factual. >> you think if you want to look at the proposal that they wanted to run and the ad, it's the tone of the ads, not the fact that he had a relationship with reverend rice. >> andrew referred to it as ugly in the idea that you would bring up reverend rice. maybe andrew should have brought it up more. >> andrew saps has a sense of frailty. >> he does. we have to deal with that. >> the book, "double down," congratulations on it. we'll talk to you soon. >> thank you. >>> coming up, what do twitter and .obama care have in common? they both mean big business and money for our next guest. afghanistan in 2009. o
he was looking for a way to try to take barack obama down. there's no doubt the democratic billionaire res going to want to play in the next race and it's going be super rough. >> what's not true about his relationship with reverend rice? what's ugly about -- it was factual for 20 years. i don't understand that. >> well, i think many people would say it would have been a relatively ineffective. >> but it's not like it's hearsay or not factual. >> you think if you want to...
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Nov 15, 2013
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it's another big day for obama care. the house is set to vote on its own fix to help people who lost coverage under the health care law, while the president meets with ceos of health insurance companies to talk about the fix he proposed yesterday. what is the way forward for obama care? we'll talk to a congressman on capitol hill and speak with a former cto of the u.s. >>> plus, a big ipo this morning. shares of children's clothing website zhu lily are set to open any minute. we'll talk to the ceo later this hour. >>> and sony playstation 4 is officially on sale everywhere. the lines have been long. with microsoft's new console out next week, which one will bring in the best sales this holiday season? we'll look at all of that. >>> but we begin with obama care. later today, president obama meeting with ceos of insurance companies. this, a day after announcing a plan to help people's whose policies were cancelled under the new law stay on the policies. our own john harwood saying insurance executives are saying the change
it's another big day for obama care. the house is set to vote on its own fix to help people who lost coverage under the health care law, while the president meets with ceos of health insurance companies to talk about the fix he proposed yesterday. what is the way forward for obama care? we'll talk to a congressman on capitol hill and speak with a former cto of the u.s. >>> plus, a big ipo this morning. shares of children's clothing website zhu lily are set to open any minute. we'll...
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Nov 20, 2013
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obama care good or bad in the context of removing regulations that you're talking about? >> terrible. we're focussing on the wrong things. >> it's becoming -- >> terrible is a good word. >> andrew, here's what we've got. this is titanic. everyone is looking at the tip, healthcare.gov. it's not solved by the end of the month. trust me. we've got a long way to go. that's part of the problem. we're starting to reveal. if you don't get it fixed now, it's going to get much, much worse. look at the fiasco trying to take people's insurance plans away, give them back -- >> are you in the camp of fixing it or repealing it? >> you're not going to repeal it. by 2017 this is going to be locked. no one is going to repeal it. the president is never going to. >> we've got to fix it. the president better move now. approval ratings 42%. 57% against this. you better act now. >> how can he fix it? >> i've got lots of ways to fix hit. you can't give them back their policy that were taken away. >> insurance commissioners have to sign off you and insurance companies have to blow up what they'v
obama care good or bad in the context of removing regulations that you're talking about? >> terrible. we're focussing on the wrong things. >> it's becoming -- >> terrible is a good word. >> andrew, here's what we've got. this is titanic. everyone is looking at the tip, healthcare.gov. it's not solved by the end of the month. trust me. we've got a long way to go. that's part of the problem. we're starting to reveal. if you don't get it fixed now, it's going to get much,...
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Nov 14, 2013
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how much did president obama know and when did he know it? a source at google has said it's quite clear that the president would have had to know that google databases are being mined. and someone quite close to the president in the past, his former national security adviser, i got the chance to ask him about the outrage we're hearing from international leaders over the nsa surveillance programs and what we're hearing from companies like cisco and google, as well. >> there is no doubt in my mind that we presented in our capability and our sharing of intelligence with our friends and allies several major attacks on different capitals, especially on the degree of dependance that other people have on our intelligence network and that we share with them to alert them to possible attacks in their own homelands is a matter of record and something that we should feel good about. i'm quite sure that to the extent that there may have been unintended policy consequences that we wish to fix, i think we'll fix them. we should not necessarily top rate a l
how much did president obama know and when did he know it? a source at google has said it's quite clear that the president would have had to know that google databases are being mined. and someone quite close to the president in the past, his former national security adviser, i got the chance to ask him about the outrage we're hearing from international leaders over the nsa surveillance programs and what we're hearing from companies like cisco and google, as well. >> there is no doubt in...
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Nov 4, 2013
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. >> will obama care help or hinder that development. does it get in the way or does it mean more access will drive better outcomes? >> i think the issue you are talking about obama care is focused on care and treatment. the largest part. if we are going to solve the problem, it really isn't care and treatment. the issue is really prevention, wellness, research cure. >> there are more and more people talking about this on wall street. the lines between a company like apple and some of the names that you are talking about in this conference are blurring, because, frankly, wearable technology and personalized medicine sounds like the next big wave. what's going to be the next facebook or twitter for this space? >> i don't know that i can make that prediction but there is a very rapid evolution naary proc going on here. what we need is a healthy ecosystem, that involves phrma and biotech and special device companies and computational companies that are dealing with big data. also, academic institutions which tend to be where the basic scien
. >> will obama care help or hinder that development. does it get in the way or does it mean more access will drive better outcomes? >> i think the issue you are talking about obama care is focused on care and treatment. the largest part. if we are going to solve the problem, it really isn't care and treatment. the issue is really prevention, wellness, research cure. >> there are more and more people talking about this on wall street. the lines between a company like apple and...
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Nov 27, 2013
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another delay in the rollout of obama care. cnbc's jon harwood has an update on the story that broke about an hour ago. >> mandy, we know that the obama administration has its hands full 24/7 trying to get the healthcare.gov website where individuals -- individual consumers in 34 states can pick out health care plans. that is such a consuming task that they've given up trying to get the on-line marketplace for small businesses up and running by the end of the month. initially, they said that was going to be done by the end of november. now they've said nop. it's going to be put off for another year. they're focused op the consumer website. couple things to note. first of all they say the small businesses in those 34 states without a state exchange will be able to go on-line and compare plans and they will be able to enroll in health care but not on-line. they're asking them to go to their insurance broker, insurance agent, directly to the companies and do it that way. the on-line function will be there next year. the other thin
another delay in the rollout of obama care. cnbc's jon harwood has an update on the story that broke about an hour ago. >> mandy, we know that the obama administration has its hands full 24/7 trying to get the healthcare.gov website where individuals -- individual consumers in 34 states can pick out health care plans. that is such a consuming task that they've given up trying to get the on-line marketplace for small businesses up and running by the end of the month. initially, they said...
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Nov 5, 2013
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there's no question obama care will take some away from him. the problem is, i donhi virginians, particularly northern virginians in the d.c. suburbs see as kuchinelli being too in line with the tea party, wants to she shut down the government, and that doesn't resinate, particularly in northern virginia where everybody works for the government. >> is he actually a government shutdown proopponent? >> can you chinelli? >> yeah. >> i don't remember him talking that much about it. >> who is your lineup on the republican side for 2016? >> that's a really hard one. right now, i think christie, maybe. but you mean in terms of the possibly candidates, christie, case itch in ohio, bobby gindall is pretty good. rand paul and ted cruz, i don't see it happening. they're going to run and they'll run it off for who is the tea party candidate, but they're knot not electable nationals. >> is getting it out there now actually helped? >> he's laundering some of that stuff early. i think it helps. none of it is disqualifying. >> it was known in the -- and if he
there's no question obama care will take some away from him. the problem is, i donhi virginians, particularly northern virginians in the d.c. suburbs see as kuchinelli being too in line with the tea party, wants to she shut down the government, and that doesn't resinate, particularly in northern virginia where everybody works for the government. >> is he actually a government shutdown proopponent? >> can you chinelli? >> yeah. >> i don't remember him talking that much...
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Nov 11, 2013
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amid the obama care mess, budget talks are heating up on capitol hill. democrats are taking aim at some tax breaks they say are only benefiting wealthy americans. we'll tell you what's at stake and what taxes may be going up if they get their way. >> washington state is giving boeing in millions in incentives to stay put. meanwhile, office depot is threatening to move its headquarters out of illinois unless it gets millions in tax credits. illinois, though, is pushing back. should states give tax breaks to keep jobs and businesses inside their borders? that debate still to come on the "closing bell." [ imitating car engine ] that's mine. ♪ that's mine. that's mine. ♪ come on, kyle. ♪ [ horn honks ] that's mine...kyle. [ male announcer ] revenge is best served with 272 horses. get the best offers of the season now. lease this 2014 ats for around $299 a month with premium care maintenance included. ♪ ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will dist
amid the obama care mess, budget talks are heating up on capitol hill. democrats are taking aim at some tax breaks they say are only benefiting wealthy americans. we'll tell you what's at stake and what taxes may be going up if they get their way. >> washington state is giving boeing in millions in incentives to stay put. meanwhile, office depot is threatening to move its headquarters out of illinois unless it gets millions in tax credits. illinois, though, is pushing back. should states...
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Nov 12, 2013
11/13
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a few weeks of stories how president barack obama and congress hate each other. we'll get that soon. that will do the trick. talks of some sort begin, they'll fail. as we've seen over and over since the year of gridlock in 2011, you've got a calm right now. the averages advance and become giddy. then there's a storm when the two parties in washington can't agree, start calling everybody names and try to agree what's best for the country. we pull back again until there's a bogus can kicking resolution. it's called government. sorry, wall street journal, we will not buy into the notion it's somehow bad now that the public started in investing in stocks again, putting back about one sixth of what they pulled out in 2012. it's not bad. to rely on figures is cliche. when you take away inflation you think some money has to come from stocks. it's no coincidence that this coincides with the roll over of hundreds of billions of cds done at five years ago. it's a scenario. these top calling stories pack a great great deal more punch when they're backed up by actual evidenc
a few weeks of stories how president barack obama and congress hate each other. we'll get that soon. that will do the trick. talks of some sort begin, they'll fail. as we've seen over and over since the year of gridlock in 2011, you've got a calm right now. the averages advance and become giddy. then there's a storm when the two parties in washington can't agree, start calling everybody names and try to agree what's best for the country. we pull back again until there's a bogus can kicking...
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Nov 19, 2013
11/13
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. >>> potential headache for president obama. a report today the census bureau made up data in an important jobs survey leading up to the 2012 presidential election. details on this controversy coming up. stay with us. ♪ norfolk southern what's your function? ♪ hooking up the country helping business run ♪ ♪ build! we're investing big to keep our country in the lead. ♪ load! we keep moving to deliver what you need. and that means growth, lots of cargo going all around the globe. cars and parts, fuel and steel, peas and rice, hey that's nice! ♪ norfolk southern what's your function? ♪ ♪ helping this big country move ahead as one ♪ ♪ norfolk southern how's that function? ♪ became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. >>> not a big move for the overall market. dow down eig
. >>> potential headache for president obama. a report today the census bureau made up data in an important jobs survey leading up to the 2012 presidential election. details on this controversy coming up. stay with us. ♪ norfolk southern what's your function? ♪ hooking up the country helping business run ♪ ♪ build! we're investing big to keep our country in the lead. ♪ load! we keep moving to deliver what you need. and that means growth, lots of cargo going all around the...
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Nov 18, 2013
11/13
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and when it comes to obama care, you psd, you know, they keep pushing back. you were right on "meet the press." and you shouldn't let them push back. the truth is the truth, maria. truth to power. >> thank you, rick. >> joe, i mean, the way the markets work, they anticipate something down the road. and history would suggest that the record highs we've seen this year is the market anticipating a better economy down the road. you don't think that's what's happening right now? >> i do think that's what's happening. if you look over the past year, it's been the uncertainty of the tax and over the past few months we've gotten more clarity. first it was who would take over for berp nan i can. then the pace of economic growth. and europe and japan. as we continue to get a little more clarity and the pace of economic growth stabilizes, i think that allows risk assets to move higher. >> i would agree, if i can jump in. i agree with a lot of things rick said. i think rick's right. as long as we've got low interest rates, it's likely the fed within the next three to six
and when it comes to obama care, you psd, you know, they keep pushing back. you were right on "meet the press." and you shouldn't let them push back. the truth is the truth, maria. truth to power. >> thank you, rick. >> joe, i mean, the way the markets work, they anticipate something down the road. and history would suggest that the record highs we've seen this year is the market anticipating a better economy down the road. you don't think that's what's happening right...
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Nov 21, 2013
11/13
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obama adviser gene sperling arguing the only way to revamp the home loan market is through what he calls proper housing finance reform. he didn't directly refer to fair homes proposal, but he did say that the administration can't allow fannie and freddie to be recapitalized in the current corporate form. last week, bruce berkowitz's firm announced it wanted to buy the mortgage backed security insurance businesses of fannie and freddie by bringing in $52 million in new capital. >>> a trading slump in goldman sachs now tied to a currency trade in the third quarter. a bet on the dollar is said to have gone very wrong. "the wall street journal" reporting that the previously indus closed trading mishap played a big part or at least a part in the revenue slump that led senior executives to defend the firm's trading strategy. yum brands will combine the u.s. and international versions of kfc and pizza hut. sales at yum china restaurants have taken a hit since chemical residues were found in chicken from some of its poultry suppliers china late last year. >> there was a restaurant called chicks
obama adviser gene sperling arguing the only way to revamp the home loan market is through what he calls proper housing finance reform. he didn't directly refer to fair homes proposal, but he did say that the administration can't allow fannie and freddie to be recapitalized in the current corporate form. last week, bruce berkowitz's firm announced it wanted to buy the mortgage backed security insurance businesses of fannie and freddie by bringing in $52 million in new capital. >>> a...
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Nov 25, 2013
11/13
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president barack obama and president rouhani. the change in the political climate inside iran and the diplomatic arena made this deal possible. more importantly no doubt that the sanctions played a role in increasing the pressure on the iranian government and without a doubt the fact that these sanctions did not stop iran from developing its nuclear technology also was for the united states and its allies a major concern that indicated that perhaps these sanctions are not going to be enough. so a lot of changes on the ground that led to this agreement. keep in mind, this is a temporary agreement, not the comprehensive one. it is simply an attempt to try and create the environment for the next six months in which serious negotiations can be held to address all of the fundamental issues that are yet to be resolved. >> yeah. we have been here before. we had interim nuclear agreements between 2003 and 2005. they all failed as well. how much hope should be placed on this deal? >> well, there's no doubt there should be some cautious sk
president barack obama and president rouhani. the change in the political climate inside iran and the diplomatic arena made this deal possible. more importantly no doubt that the sanctions played a role in increasing the pressure on the iranian government and without a doubt the fact that these sanctions did not stop iran from developing its nuclear technology also was for the united states and its allies a major concern that indicated that perhaps these sanctions are not going to be enough. so...
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Nov 14, 2013
11/13
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they wanted to do during the shutdown was delay obama care. that might not have been a bad idea. but in this case, it's a sideshow with benghazi. >> sure. >> yellen, enough about being so qe-dependent that we need to talk about, i guess. >> right. i've been talking to a lot of people up on the hill. and i think that the headline is, this is about the most popular nominee president obama has ever sent with the republicans. she's had great meetings. people have serious policy concerns. but i think that this is going to be kind of an easy confirmation. the three things that i think people are going to press on today are quantitative easing. i think that they don't want to know, well, when are you going to stop, because they know she can't say that, but they'll feel some kind of regret, like we're using this unusual method, and wish we wouldn't have to. a sign it won't go on forever. the second thing, the independence of the fed, there will be a number of openings on the fed board, and the republicans will try to maneuver to get some leverage to s
they wanted to do during the shutdown was delay obama care. that might not have been a bad idea. but in this case, it's a sideshow with benghazi. >> sure. >> yellen, enough about being so qe-dependent that we need to talk about, i guess. >> right. i've been talking to a lot of people up on the hill. and i think that the headline is, this is about the most popular nominee president obama has ever sent with the republicans. she's had great meetings. people have serious policy...